Blue Space Aviation Private Limited
About Blue Space Aviation Private Limited
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Blue Space Aviation Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the air transport services segment of the transport and logistics sector. It was incorporated on 25 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U62200MH2011PTC216609. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Uday Bhagwanji Chinai and Bhavik Uday Chinai.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1102 Solitaire Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹46,652, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹21,560 (net margin -46.2%) and EBITDA of -₹8,322 (EBITDA margin -17.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressBuilding No.11 Unit No. 1102 Solitaire Corporate Park 167 – Guru Hargovindji Marg Chakala, Andheri E, Mumbai, Maharashtra, India – 400009
- IndustryTransport and Logistics, Air Transport Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Blue Space Aviation Private Limited FY 2025 filings available
Blue Space Aviation Private Limited reported revenue of ₹46,652 (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Blue Space Aviation Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 6% growth in the latest year. EBITDA fell 552% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Blue Space Aviation Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹8,322 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹21,560 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Blue Space Aviation Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -17.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -46.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Blue Space Aviation are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Blue Space Aviation Private Limited
Blue Space Aviation Private Limited is compared with the companies closest to it by revenue in the Aviation industry (Air Passenger Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KLB Overseas Private Limited | ₹1.39 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Kolkata, West Bengal, India |
| E-Com Shipping Solutions Private Limited | ₹1.25 Lakh (FY 2025) | •••• | •••• | -26.0% | •••• | New Delhi, Delhi, India |
| Cheap Flights Market Private Limited | ₹1.16 Lakh (FY 2021) | •••• | •••• | •••• | Delhi, India | |
| Future Aviation Services Private Limited | ₹64,890 (FY 2022) | •••• | •••• | -15.0% | •••• | New Delhi, Delhi, India |
| Skyair Services Pvt Ltd | ₹55,971 (FY 2024) | •••• | •••• | 5.0% | •••• | Delhi, India |
| Blue Space Aviation Private Limited this company | ₹46,652 (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Effective Technologies Private Limited | ₹43,168 (FY 2023) | •••• | •••• | -26.0% | •••• | Faridabad, Haryana, India |
| Air Mayura Private Limited | ₹39,209 (FY 2024) | •••• | •••• | -89.0% | •••• | Delhi, India |
| Girisons Airways Private Limited | ₹27,000 (FY 2025) | •••• | •••• | 59.0% | •••• | Pune, Maharashtra, India |
| Jagson Airlines Limited | ₹25,298 (FY 2019) | •••• | •••• | 15.0% | •••• | Himachal Pradesh, India |
| Commercial and Business Aviation Services Private Limited | ₹23,314 (FY 2019) | •••• | •••• | -98.0% | •••• | Bengaluru, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Blue Space Aviation by revenue in the Aviation industry (Air Passenger Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Blue Space Aviation Private Limited
Blue Space Aviation Private Limited is audited by R A KUVADIA & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R A KUVADIA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Blue Space Aviation Private Limited
Blue Space Aviation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uday Bhagwanji Chinai Also directs: BVC Brinks Diamond & Jewellery Services LLP, BVC Val Express LLP, B V C Security Transportation Private Limited and 5 more | Director | 25 Apr 2011 | 15 Years 5 Months | Current |
| Bhavik Uday Chinai Also directs: BVC Val Express LLP, Vama Global Private Limited, Whitesoul Enterprises Private Limited and 5 more | Director | 25 Apr 2011 | 15 Years 5 Months | Current |
Ownership and Shareholding of Blue Space Aviation Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Blue Space Aviation Private Limited
Blue Space Aviation Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Blue Space Aviation Private Limited
Employment history and EPFO contributions of people linked to Blue Space Aviation.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Blue Space Aviation Private Limited
Blue Space Aviation Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Bhavik Uday Chinai was appointed as Director on 25 Apr 2011.
Credit Ratings, Litigation & Regulatory Alerts for Blue Space Aviation Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Blue Space Aviation Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Blue Space Aviation Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Blue Space Aviation Private Limited
Blue Space Aviation has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Blue Space Aviation Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Blue Space Aviation Private Limited
Blue Space Aviation is an active private limited company based in Mumbai, Maharashtra, India. The company works in air transport services, within the transport and logistics industry. It was incorporated on 25 April 2011 (15+ years old) and is registered under CIN U62200MH2011PTC216609.
Blue Space Aviation reported revenue of ₹46,652 for FY 2025 (up 6% YoY).
Blue Space Aviation has 2 current directors:
- Uday Bhagwanji Chinai - Director
- Bhavik Uday Chinai - Director
Blue Space Aviation reported a net loss of ₹21,560 (net margin -46.2%) and EBITDA of -₹8,322 (EBITDA margin -17.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Blue Space Aviation is 6% over three years and 3% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
No. Blue Space Aviation has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Blue Space Aviation is U62200MH2011PTC216609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blue Space Aviation was incorporated on 25 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Blue Space Aviation by revenue are KLB Overseas Private Limited, E-Com Shipping Solutions Private Limited, Cheap Flights Market Private Limited, Future Aviation Services Private Limited, Skyair Services Pvt Ltd and 5 more, all in the Aviation industry (Air Passenger Services).
Bhavik Uday Chinai was appointed as Director on 25 Apr 2011. Uday Bhagwanji Chinai was appointed as Director on 25 Apr 2011.
The registered office of Blue Space Aviation is at Building No.11 Unit No. 1102 Solitaire Corporate Park 167 – Guru Hargovindji Marg Chakala, Andheri E, Mumbai, Maharashtra, India – 400009.